Bitcoin (BTC), the leading cryptocurrency, is showing signs of potential further declines as market analysts warn of a significant price correction on the horizon. According to Mike McGlone, senior commodity strategist at Bloomberg Intelligence, Bitcoin could potentially fall to $50,000 in the near future.
Bitcoin’s Underperformance in 2025
McGlone notes that Bitcoin has been underperforming in 2025 compared to traditional assets like the S&P 500 Total Return Index. While Bitcoin has risen only 13% so far, the stock index has gained 17%. This disparity suggests that the crypto market’s current bull momentum is weakening despite increased exchange-traded fund (ETF) inflows.
Bloomberg Intelligence data backs McGlone’s prediction, showing that Bitcoin’s yearly growth is slowing down as it nears the end of 2025. The strategist warns of a potential reversion risk, a pattern often observed during late-stage rallies in previous Bitcoin price cycles. This could result in Bitcoin trading in the $50,000–$150,000 range in 2026.
Market Influences and Deflationary Signals
McGlone links Bitcoin’s declining momentum to broader market trends, including the performance of other high-risk assets like copper, which has struggled after an earlier record-setting year. This signals a possible shift toward a more deflationary environment, which could exert additional pressure on speculative assets like Bitcoin.
Furthermore, Bitcoin is grappling with technical challenges. As of now, Bitcoin is battling to maintain support at $105,000. A drop below this level could lead to bearish sentiment, while staying above it might allow the bull run to continue with targets ranging from $112,216 to $113,264. Technical indicators, such as the 14-day Relative Strength Index (RSI) at 47.76, hint at neutral momentum but highlight a cooling trend that could break lower if pressure intensifies.
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The Road Ahead for Bitcoin
As the end of 2025 nears, all eyes remain on Bitcoin’s ability to hold key support levels while navigating broader market influences. Whether the cryptocurrency rebounds or faces a correction, the coming months will be crucial for its long-term trajectory. Keep an eye on macro trends and stay informed to make smarter investment decisions.
